Economic news
Indonesia’s president says ‘monetary position’ under control
2022.10.10 23:27
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© Reuters. FILE PHOTO: Indonesian President Joko Widodo, wearing traditional attire from Bangka Belitung Islands, waves to journalists as he leaves the parliament building after delivering the annual state of the nation, ahead of the country’s Independence Day, in J
JAKARTA (Reuters) – Indonesia’s inflation is still under control even after a rise in fuel prices, President Joko Widodo said on Tuesday, noting September’s inflation rate of 5.95%.
Speaking at an investment forum, the president also said that interest rates had risen by 75 basis points this year. “This means our monetary position is still in a position we can control.”
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